What is a Consumer Durable Loan ?

A consumer durable loan, in meaning, is a loan that helps you upgrade your way of life by investing in household, durable, lifestyle or personal products that cannot be paid for at once, be it a Laptop, Washing Machine, Microwave, Fridge, TV, DVD Player, Music System, AC, Modern Furniture, Cooking Range, PC, Fitness Equipment or even a Mobile Handset.